Bimb Holdings Bhd (Bimb Holdings Bhd) Cash-to-Debt : 1.64 (As of Mar. 2024)

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What is Bimb Holdings Bhd Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Bimb Holdings Bhd's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.64.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Bimb Holdings Bhd could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Bimb Holdings Bhd's Cash-to-Debt or its related term are showing as below:

BMBHF' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.39 Med: 2.42 Max: 5.91
Current: 1.64

During the past 13 years, Bimb Holdings Bhd's highest Cash to Debt Ratio was 5.91. The lowest was 1.39. And the median was 2.42.

BMBHF's Cash-to-Debt is ranked better than
57.21% of 1442 companies
in the Banks industry
Industry Median: 1.285 vs BMBHF: 1.64

Bimb Holdings Bhd Cash-to-Debt Historical Data

The historical data trend for Bimb Holdings Bhd's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Bimb Holdings Bhd Cash-to-Debt Chart

Bimb Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.89

2.69

2.38

3.24

2.21

Bimb Holdings Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															3.62	1.43	1.39	2.21	1.64

Competitive Comparison of Bimb Holdings Bhd's Cash-to-Debt

For the Banks - Regional subindustry, Bimb Holdings Bhd's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bimb Holdings Bhd's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bimb Holdings Bhd's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bimb Holdings Bhd's Cash-to-Debt falls into.

Bimb Holdings Bhd Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Bimb Holdings Bhd's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1236.752	/	(0	+	559.191)
	=	2.21

Bimb Holdings Bhd's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	904.924	/	(0	+	553.079)
	=	1.64

Bimb Holdings Bhd (GREY:BMBHF) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Bimb Holdings Bhd Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Bimb Holdings Bhd's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Bimb Holdings Bhd (Bimb Holdings Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bimb Holdings Bhd (GREY:BMBHF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

5258:Malaysia

Address

No. 22, Jalan Perak, 32nd Floor, Menara Bank Islam, Kuala Lumpur, MYS, 50450

Website

https://www.bankislam.com

Bank Islam Malaysia Bhd is a Malaysia-based Islamic holding company that is principally engaged in providing financial products and services. The company is involved in Islamic business activities mainly through its investment in Shariah-compliant business entities. The company holds a 100% stake in Bank Islam Malaysia Berhad, which is the first Shariah-based bank in Malaysia and Southeast Asia. The company also has interests in venture capital, unit trusts, stock broking, offshore banking, and others.

Bimb Holdings Bhd (Bimb Holdings Bhd) Headlines

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